Drake Hernandez

Associate Principal
Drake Hernandez | Energy | Charles River Associates

Drake Hernandez is an associate principal within CRA’s Energy Practice, where he leads the practice’s low-carbon fuels and CCUS offering.

He is also a Senior Fellow and member of the Global Research Council at the Tulane Energy Law & Policy Center within the Tulane Law School. He is an economic consultant with extensive experience in energy and infrastructure-related disputes.

Mr. Hernandez has advised on complex disputes involving energy infrastructure and projects across the energy sector, including natural gas, electric power, liquefied natural gas (LNG), industrial gases, and oil. He serves as both a consulting and testifying expert in contested proceedings, providing economic and commercial context and quantifying damages resulting from contractual disputes, including valuations of contractual provisions and physical assets. He has been engaged on commercial litigation matters in both the United States and Canada, and on arbitration matters conducted under the rules of international forums such as the ICC and ICDR, as well as domestic venues including the AAA and JAMS.

He also supports global clients as they develop strategies and evaluate investments within the energy and infrastructure sectors. His expertise lies in techno-commercial due diligence of energy and infrastructure projects, with a focus on cross-border projects. Mr. Hernandez assists clients in project valuation by analyzing market and regulatory trends to assess the economic and commercial aspects of a project’s contractual relationships. Corporations and investors engage him on matters pertaining to energy and infrastructure project commercialization, strategic and techno-commercial due diligence, and regulatory issues.

Mr. Hernandez’s work has been published in Applied Energy, the Energy Law Journal, Utility Dive, and other outlets. He regularly speaks domestically and internationally on matters related to the regulation of low-carbon fuel infrastructure, low-carbon fuel market development, and energy system planning.

Selected engagements

  • 01
    CRA Forensic Services and Energy experts assess flawed tech implementation for major utility—findings support tens of millions in contested costs
    A skilled cross-practice team—drawn from CRA’s Forensic Services and Energy Practices—conducted a privileged, independent assessment of a flawed software...
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  • 02
    Assessing techno-commercial readiness, regulatory incentives for hydrogen shipping pathways
    CRA was engaged to assess the techno-commercial readiness of various intercontinental hydrogen shipping pathways.
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  • 03
    Buy-side commercial due diligence for ammonia export investment
    CRA was engaged to conduct buy-side commercial due diligence ahead of a potential investment in a large-scale ammonia export project.
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Credentials